Rising interest rates and broader economic uncertainty have tightened liquidity for private activity bonds (PABs) in recent months, forcing some financings to be delayed. Despite those pressures, the sponsors of the Major Bridges Package One Project raised $1.8 billion of PABs, making use of bond insurance for some of the longer-dated notes.
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Asia was late to the digital infrastructure party, but data centres are driving strong growth in the region. The big financial sponsors are already starting to take notice.
The last 18 months have looked more like a process of consolidation than rapid advance in the Asia-Pacific region. But the best deals of 2023 provide the foundations for a...
Asia was late to the digital infrastructure party, but data centres are driving strong growth in the region. The big financial sponsors are already starting to take notice.
The last 18 months have looked more like a process of consolidation than rapid advance in the Asia-Pacific region. But the best deals of 2023 provide the foundations for a serious take-off in activity.